锦盛新材：行政处罚落地，将持续专注主业提升经营质量

Core Viewpoint - Jinsong New Materials (300849) received an administrative penalty of 5.5 million yuan from the Zhejiang Securities Regulatory Bureau for failing to disclose related party transactions in its 2022 annual report [1] Company Summary - The company acknowledged the penalty and expressed sincere apologies to investors, committing to improve internal governance and enhance the quality of information disclosure [1] - Jinsong New Materials has been engaged in the production and sales of cosmetic packaging materials for over 20 years, being one of the more specialized companies in the domestic industry with a comprehensive range of products [1] - The company offers over 1,000 product specifications, including cream jars and lotion bottles, serving well-known cosmetic brands such as Estée Lauder, Shanghai Jahwa (600315), and others [1] - For the first three quarters of the year, the company achieved a revenue of 238 million yuan [1]